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Choose level of difficulty Chris owns a clothes shop. He bought 50 shirts at £12 for each shirt. He chose the selling price of each shirt so that he would.

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Presentation on theme: "Choose level of difficulty Chris owns a clothes shop. He bought 50 shirts at £12 for each shirt. He chose the selling price of each shirt so that he would."— Presentation transcript:

1 Choose level of difficulty Chris owns a clothes shop. He bought 50 shirts at £12 for each shirt. He chose the selling price of each shirt so that he would make a profit of 30% on each shirt. He sold 20 shirts at this price. Chris then reduced the selling price of each shirt by 15%. He then sold the remaining shirts at this reduced selling price. Has Chris made a profit or loss? You must explain your answer clearly.

2 Help Step 1: Work out the cost of buying all the shirts. Chris owns a clothes shop. He bought 50 shirts at £12 for each shirt. He chose the selling price of each shirt so that he would make a profit of 30% on each shirt. He sold 20 shirts at this price. Chris then reduced the selling price of each shirt by 15%. He then sold the remaining shirts at this reduced selling price. Has Chris made a profit or loss? You must explain your answer clearly.

3 Help Step 2: Work out the selling price of the first batch of shirts. Chris owns a clothes shop. He bought 50 shirts at £12 for each shirt. He chose the selling price of each shirt so that he would make a profit of 30% on each shirt. He sold 20 shirts at this price. Chris then reduced the selling price of each shirt by 15%. He then sold the remaining shirts at this reduced selling price. Has Chris made a profit or loss? You must explain your answer clearly.

4 Help Step 3: Work out the amount of money made by selling the 20 first batch of shirts. Chris owns a clothes shop. He bought 50 shirts at £12 for each shirt. He chose the selling price of each shirt so that he would make a profit of 30% on each shirt. He sold 20 shirts at this price. Chris then reduced the selling price of each shirt by 15%. He then sold the remaining shirts at this reduced selling price. Has Chris made a profit or loss? You must explain your answer clearly.

5 Help Step 4: Work out the selling price of the second batch of shirts. Note that the reduction is based on the first selling price not the £12 Chris owns a clothes shop. He bought 50 shirts at £12 for each shirt. He chose the selling price of each shirt so that he would make a profit of 30% on each shirt. He sold 20 shirts at this price. Chris then reduced the selling price of each shirt by 15%. He then sold the remaining shirts at this reduced selling price. Has Chris made a profit or loss? You must explain your answer clearly.

6 Help Step 5: Work out the amount of money made by selling the rest of the shirts. Chris owns a clothes shop. He bought 50 shirts at £12 for each shirt. He chose the selling price of each shirt so that he would make a profit of 30% on each shirt. He sold 20 shirts at this price. Chris then reduced the selling price of each shirt by 15%. He then sold the remaining shirts at this reduced selling price. Has Chris made a profit or loss? You must explain your answer clearly.

7 Help Step 6: Work out how much profit or loss he has made. Chris owns a clothes shop. He bought 50 shirts at £12 for each shirt. He chose the selling price of each shirt so that he would make a profit of 30% on each shirt. He sold 20 shirts at this price. Chris then reduced the selling price of each shirt by 15%. He then sold the remaining shirts at this reduced selling price. Has Chris made a profit or loss? You must explain your answer clearly. End of Problem Return to Menu End of Problem Return to Menu

8 Help Step 1: Work out the cost of buying all the shirts. Chris owns a clothes shop. He bought 50 shirts at £12 for each shirt. He chose the selling price of each shirt so that he would make a profit of 30% on each shirt. He sold 20 shirts at this price. Chris then reduced the selling price of each shirt by 15%. He then sold the remaining shirts at this reduced selling price. Has Chris made a profit or loss? You must explain your answer clearly.

9 Help Step 2: Work out the selling price of the first batch of shirts. Chris owns a clothes shop. He bought 50 shirts at £12 for each shirt. He chose the selling price of each shirt so that he would make a profit of 30% on each shirt. He sold 20 shirts at this price. Chris then reduced the selling price of each shirt by 15%. He then sold the remaining shirts at this reduced selling price. Has Chris made a profit or loss? You must explain your answer clearly.

10 Help Step 3: Work out the amount of money made by selling the 20 first batch of shirts. Chris owns a clothes shop. He bought 50 shirts at £12 for each shirt. He chose the selling price of each shirt so that he would make a profit of 30% on each shirt. He sold 20 shirts at this price. Chris then reduced the selling price of each shirt by 15%. He then sold the remaining shirts at this reduced selling price. Has Chris made a profit or loss? You must explain your answer clearly.

11 Help Step 4: Work out the selling price of the second batch of shirts. Note that the reduction is based on the first selling price not the £12 Chris owns a clothes shop. He bought 50 shirts at £12 for each shirt. He chose the selling price of each shirt so that he would make a profit of 30% on each shirt. He sold 20 shirts at this price. Chris then reduced the selling price of each shirt by 15%. He then sold the remaining shirts at this reduced selling price. Has Chris made a profit or loss? You must explain your answer clearly.

12 Help Step 5: Work out the amount of money made by selling the rest of the shirts. Chris owns a clothes shop. He bought 50 shirts at £12 for each shirt. He chose the selling price of each shirt so that he would make a profit of 30% on each shirt. He sold 20 shirts at this price. Chris then reduced the selling price of each shirt by 15%. He then sold the remaining shirts at this reduced selling price. Has Chris made a profit or loss? You must explain your answer clearly.

13 Help Step 6: Work out how much profit or loss he has made. Chris owns a clothes shop. He bought 50 shirts at £12 for each shirt. He chose the selling price of each shirt so that he would make a profit of 30% on each shirt. He sold 20 shirts at this price. Chris then reduced the selling price of each shirt by 15%. He then sold the remaining shirts at this reduced selling price. Has Chris made a profit or loss? You must explain your answer clearly. End of Problem Return to Menu End of Problem Return to Menu

14 Chris owns a clothes shop. He bought 50 shirts at £12 for each shirt. He chose the selling price of each shirt so that he would make a profit of 30% on each shirt. He sold 20 shirts at this price. Chris then reduced the selling price of each shirt by 15%. He then sold the remaining shirts at this reduced selling price. Has Chris made a profit or loss? You must explain your answer clearly.

15 Chris owns a clothes shop. He bought 50 shirts at £12 for each shirt. He chose the selling price of each shirt so that he would make a profit of 30% on each shirt. He sold 20 shirts at this price. Chris then reduced the selling price of each shirt by 15%. He then sold the remaining shirts at this reduced selling price. Has Chris made a profit or loss? You must explain your answer clearly.

16 Chris owns a clothes shop. He bought 50 shirts at £12 for each shirt. He chose the selling price of each shirt so that he would make a profit of 30% on each shirt. He sold 20 shirts at this price. Chris then reduced the selling price of each shirt by 15%. He then sold the remaining shirts at this reduced selling price. Has Chris made a profit or loss? You must explain your answer clearly.

17 Hint Note that the reduction is based on the first selling price not the £12 Chris owns a clothes shop. He bought 50 shirts at £12 for each shirt. He chose the selling price of each shirt so that he would make a profit of 30% on each shirt. He sold 20 shirts at this price. Chris then reduced the selling price of each shirt by 15%. He then sold the remaining shirts at this reduced selling price. Has Chris made a profit or loss? You must explain your answer clearly.

18 Chris owns a clothes shop. He bought 50 shirts at £12 for each shirt. He chose the selling price of each shirt so that he would make a profit of 30% on each shirt. He sold 20 shirts at this price. Chris then reduced the selling price of each shirt by 15%. He then sold the remaining shirts at this reduced selling price. Has Chris made a profit or loss? You must explain your answer clearly.

19 Chris owns a clothes shop. He bought 50 shirts at £12 for each shirt. He chose the selling price of each shirt so that he would make a profit of 30% on each shirt. He sold 20 shirts at this price. Chris then reduced the selling price of each shirt by 15%. He then sold the remaining shirts at this reduced selling price. Has Chris made a profit or loss? You must explain your answer clearly. End of Problem Return to Menu End of Problem Return to Menu

20 Hint Work out the cost of buying all the shirts. Chris owns a clothes shop. He bought 50 shirts at £12 for each shirt. He chose the selling price of each shirt so that he would make a profit of 30% on each shirt. He sold 20 shirts at this price. Chris then reduced the selling price of each shirt by 15%. He then sold the remaining shirts at this reduced selling price. Has Chris made a profit or loss? You must explain your answer clearly.

21 Hint Work out the amount of money made by selling the 20 first batch of shirts. Work out the amount of money made by selling the rest of the shirts. Chris owns a clothes shop. He bought 50 shirts at £12 for each shirt. He chose the selling price of each shirt so that he would make a profit of 30% on each shirt. He sold 20 shirts at this price. Chris then reduced the selling price of each shirt by 15%. He then sold the remaining shirts at this reduced selling price. Has Chris made a profit or loss? You must explain your answer clearly.

22 Hint Work out how much profit or loss he has made. Chris owns a clothes shop. He bought 50 shirts at £12 for each shirt. He chose the selling price of each shirt so that he would make a profit of 30% on each shirt. He sold 20 shirts at this price. Chris then reduced the selling price of each shirt by 15%. He then sold the remaining shirts at this reduced selling price. Has Chris made a profit or loss? You must explain your answer clearly. End of Problem Return to Menu End of Problem Return to Menu

23 Hint Work out the cost of buying all the shirts. Work out how much he sells the two batches for Chris owns a clothes shop. He bought 50 shirts at £12 for each shirt. He chose the selling price of each shirt so that he would make a profit of 30% on each shirt. He sold 20 shirts at this price. Chris then reduced the selling price of each shirt by 15%. He then sold the remaining shirts at this reduced selling price. Has Chris made a profit or loss? You must explain your answer clearly. End of Problem Return to Menu End of Problem Return to Menu


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